Franchise Costs Near Raleigh, NC (27616)
Opportunity Score
78
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 27616 is an urban area. with a population of 61,161 and household incomes above the national median ($81,534).
Area Profile
61,161
Population
$81,534
Median Income
+9% vs. national
Urban
Area Type
Median Age: 34.9 —
mixed-age market, broad menu appeal.
College-Educated: 29.0% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 27616.
13
Business Consultants
2.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,514
Median Gross Rent
$310 K
Median Home Value
7
Bank Branches
$600 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 13
- Bank Branches
- 7
vs. National Average
Median Income
+9% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits